Market News

The forex calendar for today’s morning London session was pretty sparse, so forex traders turned mainly to commodities for direction. Although some profit-taking was also likely taking place since the Greenback and the yen were in retreat despite the risk-off vibes.

With the weekend meeting in Doha making headlines today, all eyes are on the future of crude oil prices. Here are three reasons why it’s looking slippery.

Risk aversion was the name of the game during the Asian session, as traders priced in a no-deal meeting between the world’s oil producers in Doha.

The Greenback gave up some ground against its rivals when profit-taking took place on Friday, and signs are pointing to a mixed start this week.

Chinese economic reports were one of the factors driving risk sentiment last week. And if that made you think about how China’s economy is doing lately, then this Forex Snapshot may be just what you need.

There were a lot of themes during this trading week, but there was a clear divide between the higher-yielding comdolls and the lower-yielding currencies. Time to find out what drove forex price action this week!

Risk aversion prevailed during the morning London forex session, so the lower-yielding currencies went forth to do battle against the higher-yielders, with the safe-haven yen emerging as this session’s champion.

Aside from the BOC and BOE printing their monetary policy decisions, three other central banks managed to make headlines this week. Here’s our list!

Forex trading was a mixed bag of nuts, as the Greenback gained on its European and lower-yielding counterparts but lost to the comdolls. What’s up with that?!

With all the quick moves in the commodity markets these days, I thought I’d give y’all a quick update on how forex intermarket correlations are doing. Take a look at these charts!

Dollar pairs took a break from making big moves across the charts, as traders might be lightening up on their positions to avoid weekend risk.

Trading conditions were rather tight during the morning London forex session, with the Aussie being the only clear mover. Forex traders had their eyes on the pound as well, but the BOE’s rate decision turned out to be a dud.

As expected, the BOC decided to maintain the overnight rate at 0.50%, but the Loonie got the stuffing beaten out of it. What gives, yo? Here are 4 key points from the BOC rate decision that likely convinced forex traders to bail out of their Loonie longs.

The dollar dominated its counterparts again during the Asian session thanks to a mix of economic news and reports. Here’s what you need to know.

I’m seeing red! U.S. economic reports printed weaker than expected results but the Greenback seemed to benefit from risk aversion.

Risk appetite was well entrenched during the morning London forex session, so we had another lopsided battle between the lower-yielding currencies and the higher-yielding ones.

G’day, forex mates! We’ve got a likely catalyst for the Aussie coming up since Australia’s gonna be releasing its jobs report tomorrow. If you’re planning to trade this event and need to quickly get up to speed, then this Forex Preview is just for you.

Risk on, baby! Thanks to a strong trade balance data from China, the high-yielding currencies had a field day (or session) against their lower-yielding counterparts.

No major reports? No problem! Market junkies turned their attention to oil-related news, still hopeful that an agreement to freeze output will be made.

Today’s morning London forex session was another risk-on trading session, so the lower-yielding currencies got slapped around by the higher-yielding ones yet again.